You will only need to make a new one if you were a Byteball user before Jan 3. 2018 because since v2.1.0, default ("Small expenses") wallet is single-address wallet by default.
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You will only need to make a new one if you were a Byteball user before Jan 3. 2018 because since v2.1.0, default ("Small expenses") wallet is single-address wallet by default.